President Milei Ends Libra Inquiry, Raising Fresh Cover-Up Fears Over Crypto Scandal

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-21 15:51:02

Argentine President Javier Milei has disbanded a government task force investigating the $250 million Libra cryptocurrency scandal, deepening public distrust. The Investigative Task Unit (ITU), formed just three months ago, was probing potential irregularities tied to the now-defunct project and Milei’s alleged involvement.

The abrupt dissolution, enacted via May 19 decree, halts accountability efforts amid growing skepticism. No direct cryptocurrency mentions beyond Libra were identified in the report, though the decision may fuel broader concerns about regulatory transparency in Argentina’s crypto landscape.

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